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5. More financed nonprofits
As part of this more strategic approach, nonprofits will (must) move toward a broader, more strategic approach to funding their work. They will realize that the hamster wheel of chasing receding dollars in a scattered approach just isn’t going to cut it anymore. As the fundamental economic restructuring that we are currently experiencing continues, nonprofits must create a financial model for their work. The financial status quo just will no longer work in the nonprofit sector.
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Nell Edgington
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Nell Edgington is president of Social Velocity.
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